In a fresh push for better online safety, banks in Malaysia are calling on customers to update their web browsers and mobile devices right away. This move, led by the Association of Banks in Malaysia and the Association of Islamic Banking and Financial Institutions Malaysia, aims to shield users from rising cyber threats and scams as we head into 2026.
The warning comes amid a spike in attacks targeting outdated software, with experts noting that old systems leave doors open for hackers. Banks stress that simple updates can close these gaps and keep personal data secure.
Why Updates Matter Now More Than Ever
Cyber threats have grown sharper in 2025, with reports showing a big jump in mobile banking malware. Attackers use tricks like phishing and deepfakes to steal money and info from bank accounts.
Keeping devices current means getting the newest fixes from companies like Apple and Google. These patches block known weak spots that crooks exploit.
Banks point out that unsupported software no longer gets these vital updates. This leaves users at higher risk, especially with scams hitting record levels this year.
One key reason for the urgency is the rise in AI driven fraud. Criminals now craft fake voices and videos to trick people into sending cash.
Experts say regular updates cut these risks by up to 80 percent in some cases. They add layers of protection that older versions just lack.
Real World Impacts of Ignoring Updates
Recent events highlight the dangers. In June 2025, a ransomware attack hit a tax relief firm, leaking sensitive customer data and causing widespread panic.
Another case involved a bank in India where hackers stole over a crore using deepfake tech on a top executive. These stories show how fast threats evolve.
In Malaysia, banks report more scam attempts through outdated apps. Customers with old phones face extra checks or even blocked transactions to stay safe.
Some banks now offer deals on new devices to help users upgrade. This includes discounts or bundles that make switching easier and cheaper.
Failing to update can lead to lost money or stolen identities. Banks urge action before it’s too late, as threats keep growing.
| Major Cyber Threats in 2025 | Examples | Impact on Banking |
|---|---|---|
| Ransomware Attacks | Chaos variant hitting financial firms | Data leaks and service disruptions |
| Phishing Scams | AI deepfakes tricking executives | Massive fund transfers to fraudsters |
| Mobile Malware | 3.6 times surge in banking Trojans | Stolen login details and account takeovers |
| Crypto Phishing | 83 percent rise in detections | Loss of digital assets and investments |
Steps Banks Are Taking to Protect You
Banks under these associations plan to add more safeguards for those on old software. This might mean extra login steps or lower limits on transfers.
Some will even restrict access from unsupported devices altogether. The goal is to push everyone toward safer habits without cutting off service.
Industry leaders say this is part of a broader fight against cyber crime. They work with tech firms to spot threats early and share tips with customers.
Education plays a big role too. Banks run campaigns to teach spot scams and why updates help.
Looking ahead, experts predict even tougher measures in 2026 as AI tools make attacks smarter.
How You Can Stay Safe and Secure
Start by checking your device settings for updates. Most phones and browsers alert you when new versions are ready.
Back up your data first to avoid any hiccups during the process.
Here are key tips to follow:
- Turn on automatic updates for apps and systems.
- Use strong, unique passwords for banking logins.
- Enable two factor authentication wherever possible.
- Avoid clicking links in suspicious emails or messages.
If your device is too old for updates, consider upgrading soon. Many banks offer guidance or deals to make this step easier.
The Bigger Picture in Banking Security
This push ties into global trends where cyber attacks target finance more than ever. In 2025, reports show billions lost to scams worldwide.
Malaysia sees its share, with cooperative banks hit by fraud rings using hacked phones.
Banks team up with regulators to build stronger defenses. This includes sharing threat info and investing in new tech.
Customers play a key part by staying vigilant. Simple actions like updates can make a huge difference in this ongoing battle.
As cyber risks evolve, expect more calls for action from banks. Staying informed helps everyone win against scammers.
What do you think about these updates? Share your thoughts in the comments below, and pass this article along to friends who might need the reminder. Your input could help shape better protections for all.
